Derailed. Thats about 45 miles west of fargo. Smoke can be seen up to 20 miles away. Residents within five miles of the fire have been evacuated and urged to evacuate, rather, and residents within ten miles have been told to stay indoors. Both trains are owned by Berkshire Hathaways bnsf. No injuries so far have been reported. We should say the fire will likely raise some concerns, though, about the increasing volumes of crude that are shipped by rail. Right now, more than twothirds of the states Oil Production is shipped by rail. Were going to go to michelle with more of the top news stories. Happy new year. Its nice to ring it in with you, andrew. Its very nice to be here. Warren Buffetts Berkshire hathaway is buying philipps 66. Berkshire reported owning about 27. 1 million shares of philips 6 6 at the end of september. That stake is worth just over 2 billion. A phillips 66 filing said it would be getting 19 million of those shares in explaining for the specialty product focusing on
The International Community is warning russia the mission should not be using as a predecks for an invasion. Kiev says it wont let the vehicles cross on to its territory. Meantime in iraq, the Obama Administration is sending 130 military advisers to northern part of iraq to advise those on the ground. Well have a live report in just a few minutes. Among the other tests for the u. S. Markets today, we have earnings and economic numbers. At 8 30 eastern time, we get july retail sales. Well be talking more about the economy in the next half hour with squawk master and blackrock chief Investment Officer russ koesterich. Scott. Thanks so much. Shares of candy crushmaker king plummeting this morning. Results were hurt as people spend less mon. Analysts warn king needs tovent another successful hit. If not, they say face a similar fate as zingah. The Justice Department wants more information on tysons deal for hillshire. It would be the biggest transaction yet in the meat markets. Flooding fr
The economy. Oil, should we forget all the forecasts and run for the hills when you see prices moving down . Thats brent. West texas even lower. Walls of water from the midwest to the east coast. Look at that. Major flooding, really intense storms this morning on the east coast, and through much of the central and eastern part of the u. S. This is from nebraska, a hospital getting absolutely washed out as water came rushing in. First, though, to sue at the nyse. Separate dramatic video, tyler. Were going to start with stocks. The Dow Jones Industrial average is on the up side now by almost 100 points. The s p is up 12. Nasdaq composite up 36 and the russell is with up modestly. Up 62 points. The tenyear u. S. Stocks here at home rising. So here are the and then falls, japan gmt dp for qit plumme plummets, and chinas money flow slows, u. S. Retail sales for july below expectations. That begs the question el we just the bestlooking markets among mediocre performing markets . Or why else
A morning show that highlights the latest headlines in news, weather, sports and entertainment, and is known for the cohosts casual and spontaneous. They said. Steve caught telling something the fbi thought was a lie. Brian even though Michael Flynns situation the fbi is saying we dont think he lied. Yet they moved forward with the deal. Steve thats the peril. Thats exactly how Martha Stewart wound up going to prison as well. She lied to an fbi agent. Brian remember how safe america was when she went to prison. Steve America Stopped Making Marinade 18 months. Ainsley remember this video, the philadelphia mayor who was dancing when philly became a Sanctuary City. Watch this. That they had gotten a warrant. A Sanctuary City, yeah a Sanctuary City, yeah steve all right. That is mayor jim kenny of philadelphia. And last week we were telling you how philadelphia has announced they are info sharing with ice this on the heels of the who are terrific story. The warrant we would have turned the
Otherworldly things. But there are some things ive never seen before. This ge jet engine can understand 5,000 data samples per second. Which is good for business. Because planes use less fuel, spend less time on the ground and more time in the air. Suddenly, faraway places dont seem so. Far away. All right. Last week, everybody went into panic and sold, and im giving you permission tomorrow if you would like to sell in an up tick. Because thats buy low and sell high. There is always a bull market somewhere. I promise to try to find it for you on mad money. Im jim cramer. I had see you tomorrow. Stock markets continue to roar on the strength of Ben Bernankes second straight dave easy money testimony. Dow soared another 175 points and just 89 points from its all time closing high. You know what else . I still believe stocks like the budget cutting sequester. Limited growth is good for stocks. Chris christie brings Online Gambling to new jersey in order to throw Atlantic City a life line